1425 Collingwood Street Detroit, MI ^$ 15,750

1425 Collingwood Street

^$ 15,750

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1425 Collingwood Street

Detroit, MI, 48206

^$ 15,750

Bedrooms4 Baths2.0 Sq 2,652

Monthly Estimate*

^$ 105

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Multi-Family Home for sale in Detroit, MI

for $15,750 with 4 bedrooms and 2 full baths. This 2,652 square foot home was built in 1918 on a lot size of 0.11.

Great opportunity to own this multi-family unit and adjacent vacant lots close to downtown, hospitals and universities. Sale includes the following: 1425, 1449, 1443, 1429, 1437, 1461, 1467 Collingwood. Buyer must present a feasible financing plan for the total development costs and provide proof of funds for the equity involved in the financing. Current Zoning is R5. The Purchaser shall present construction plans or precedent architectural images of proposed development. Purchase is open to homeowners, investors and developers. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer.

Multi-Family Active

Price

^$ 15,750

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Upper/Lower Apartment

Lot Size

0.11

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240024637

Features

Interior

Heating Fuel Natural Gas

Basement Y/N 1

Total Units 2

Fireplace 0

Street Suffix Street

Total Baths 2.00

General

Sewer Public Sewer (Sewer-Sanitary)

Heating Forced Air

Possession At Close

Pets Allowed Yes

Zoning Multi-Family

Pool Y/N 0

Full Baths 2

Half Baths 0

Year Built 1918

Property Type Multifamily

Subdivision Name RANNEYS BLVD SUB (PLATS)

Transaction Type Sale

Basement Type Unfinished

Status Active

Short Sale No

Construction Materials Vinyl

Cumulative Days on Market 49

MLS Area Det: Livernois-I75 6-Gd River

Directions Lodge Service Dr to Street.

City Detroit

Terms Offered Cash

School District Detroit

Land Contract 0

Down Payment Resource 1

Ownership Status Government Owned Short Sale - No

Street Name COLLINGWOOD

Homestead 0

Assessment 0.00

Total Sq Ft 2652

DOM 49

Legal Description S COLLINGWOOD W 3.01 FT 142 141 RANNEYS BLVD SUB L28 P72 PLATS W C R 6/150 33.01 X 143

Exterior

Waterfront 0

Lot Size Area 0.11

Water Source Public (Municipal)

Foundation Basement

Lot Size Dimensions 33.00X143.00

Architecture Level 2 Story

Architecture Style Upper/Lower Apartment

Internal Only

Originating MLS Realcomp II Ltd

* Excluded Features

List By

Natasha C Richards

Listing Agent

Bellabay Realty Tri Counties

Broker

(248) 274-6614

Phone

Affordability Calculator

$105

Per Month

Monthly Principal & Interest: $105
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$226,509

Percent of Sale Price 1,338%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$15,750		Listed Price

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1425 Collingwood Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $15,750 with 2,652 sqft and a lot size of 0.11. 1425 Collingwood Street has 4 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/8/2024.

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1425 Collingwood Street

Multi-Family Home for sale in Detroit, MI

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